Monday, December 9, 2013

Sneaky Late Fees: Avoiding the Discredit

http://www.mainstreet.com/article/moneyinvesting/credit/debt/sneaky-late-fees-avoiding-discredit

 
  NEW YORK (MainStreet) — How well do you know the fine print on your credit card's late fees? What do you think the impact on your credit score is? How can you avoid the late fees trap?
The average number of credit cards per U.S. household is six. In comparison, the figure for Canada is two. Speaking in purely mathematical terms, Americans are three times as likely to have a problem with late fees on their credit cardhttp://www.mainstreet.com/article/moneyinvesting/credit/debt/sneaky-late-fees-avoiding-discredit# as their neighbors up north! What can we do to even the odds?

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